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Aug 21, 2013
08/13
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also i talked with the head of the naacp ben jealous. then jealous and grover norquist working together. is this possible? yes. around mass incarceration. they were in texas justifying. georgia has cut that they're spending. it arkansas's closing jails. 10 years ago we were talking about three strikes and everything else. there is a meeting of the minds and the wallets here because if you want to cut government spending a great place to do it with nonviolent offenders. it is possible. there are a lot of sensible people out there in the middle. they just need to be spoken to and nudged. the. >> i think we have to remember the reason they don't want people to vote because they're afraid people are going to vote for their own interests and i believe that the issue of incarceration, tomas incarceration has a lot to do with the privatization of the prison system. people are making -- it's a business. people are making huge profits from folks in jail. >> one of the things that you just said, we have to remember that we want to use that money t
also i talked with the head of the naacp ben jealous. then jealous and grover norquist working together. is this possible? yes. around mass incarceration. they were in texas justifying. georgia has cut that they're spending. it arkansas's closing jails. 10 years ago we were talking about three strikes and everything else. there is a meeting of the minds and the wallets here because if you want to cut government spending a great place to do it with nonviolent offenders. it is possible. there are...
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Apr 29, 2013
04/13
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ben shapiro tweeted today . . . happily though he was roundly attacked for that, and the twitter community pointed out he has called anyone from newt gingrich to ted cruz to adam corolla heros on twitter. when will the right-wing learn that stuff like this just makes them more and more out of touch? >> the quick answer is never. we went all the way back to rick santorum to andrew breitbart, the right does not cotton to this sort of thing, because it demonstrates evolved thinking, and that evolution doesn't seem to have taken place over there. we have a party that is at war with itself while they mouth the platitudes that all people are created equal, and gays should have some rights they certainly aren't behaving that way. and you have them questioning whether or not gay couples should have the same rights to marry no less than straight people. it is very much a conundrum politically speaking. >> michael: yeah, and they seem to be losing that conversation when something like this happens. boston celtics roach, doc r
ben shapiro tweeted today . . . happily though he was roundly attacked for that, and the twitter community pointed out he has called anyone from newt gingrich to ted cruz to adam corolla heros on twitter. when will the right-wing learn that stuff like this just makes them more and more out of touch? >> the quick answer is never. we went all the way back to rick santorum to andrew breitbart, the right does not cotton to this sort of thing, because it demonstrates evolved thinking, and that...
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Nov 19, 2013
11/13
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also today, remarks from outgoing federal reserve chairman ben bernanke on monetary policy. he'll speak at the national economists club and you can see it live at 7:00 p.m. eastern, also here on c-span 3. >>> today marks the 150th anniversary of president lincoln's gettysburg address. look for coverage at soldiers national cemetary, including the keynote address from civil war historian james mcpherson. next week, thanksgiving day at 4:00 and 10:00 p.m. eastern on c-span 3's american history tv. >>> last week policymakers, business leaders and journalists gathered in washington to discuss a range of domestic and national security issues. we'll now hear from americans for tax reform president, grover norqui norquist, who looked ahead to the 2016 presidential election and a possible run by texas senator ted cruz. this is 20 minutes. >> it's great to have you back again this year, and i thought i would start off in territory that would be a little bit fun and get beyond this most powerful man in washington stuff. so you recently competed in the funiest politicians and political
also today, remarks from outgoing federal reserve chairman ben bernanke on monetary policy. he'll speak at the national economists club and you can see it live at 7:00 p.m. eastern, also here on c-span 3. >>> today marks the 150th anniversary of president lincoln's gettysburg address. look for coverage at soldiers national cemetary, including the keynote address from civil war historian james mcpherson. next week, thanksgiving day at 4:00 and 10:00 p.m. eastern on c-span 3's american...
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Jan 2, 2013
01/13
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assuming it passes, ben smith, what do you think the future for john boehner, the speaker, is? >> i think he was just overheard on the floor of the house calling tonight a nightmare for him. it's been that kind of day. but there's no challenge to his speakership. i don't think anybody wants the job. i think some people like the idea of a weakened speaker, which is what he is. his break not with the majority of members but with all members, including the democrats, was a sign of weakness. it seemed a little frayed tonight. >> john baoehner is a patriot ad he thinks this vote is great for the country. he doesn't love it, the president doesn't love necessarily every aspect it have but he recognizes that a vote against the senate bill would be a disaster for millions and millions of americans whose taxes would go up rather dramatically. it could seasonnd the economy ia recession right now. so i think the speaker is doing what he thinks is the right thing to do, even if a majority of republicans don't agree with him. >> i think there are different ways you could have negotiated this
assuming it passes, ben smith, what do you think the future for john boehner, the speaker, is? >> i think he was just overheard on the floor of the house calling tonight a nightmare for him. it's been that kind of day. but there's no challenge to his speakership. i don't think anybody wants the job. i think some people like the idea of a weakened speaker, which is what he is. his break not with the majority of members but with all members, including the democrats, was a sign of weakness....
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Oct 3, 2013
10/13
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. >> senator ben carter, and former senator who was in office during the last shutdown, and what we're hearing, senator greg, we're hearing that republicans think well, we're in this now and we have until the debt ceiling to extract confessions. can they use the debt ceiling to no matter what on october 17th? >> well, i don't think you can use the debt ceiling, but it is a point of negotiation. clearly you can't default on the debt, that would be traumatic for the country, the economy would be affected by it. >> so if this is true, i have heard this response from other folks who say you can't default on it but it is a point of negotiation. but i don't understand, those two things don't follow -- >> well, they do follow, chris, if you follow the history of the elective government which we function under. the debt ceiling for years has been used as a point of negotiation. in fact, the president voted against it, and spoke rather aggressively for voting against a debt ceiling increase. this is not an unusual situation. >> in 2007 if nancy pelosi and half the democrats refused to vote for
. >> senator ben carter, and former senator who was in office during the last shutdown, and what we're hearing, senator greg, we're hearing that republicans think well, we're in this now and we have until the debt ceiling to extract confessions. can they use the debt ceiling to no matter what on october 17th? >> well, i don't think you can use the debt ceiling, but it is a point of negotiation. clearly you can't default on the debt, that would be traumatic for the country, the...
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sort of really stuck in my craw so to speak because i think why the stock market is on fire because ben bernanke is just, you know, buying, he is just expanding his balance sheet hand over fist as much as he possibly can. investors with money are forced into the stock market in order to reach yield. there are not fundamentals behind it. exact what do you think? >> exactly. the fed is juicing up the economy. they're buying $85 billion a month in mortgage-backed securities and treasury bills and notts. that is as much as one fiscal year ski questionster. that is driving the market to new highs. keeping interest rates loy. anyone on fixed incomes. anyone who wants any kind of a return has to go for more risky assets that is driving up the stock market. melissa: they also said when companies hire it is often overseas where the growth is. you know that's true to a certain extent but also the case they're looking for employees here but they don't have the kind of skilled workers here in this country right now to fill their slots. i mean we hear from people all the time. we have ceos on of tec
sort of really stuck in my craw so to speak because i think why the stock market is on fire because ben bernanke is just, you know, buying, he is just expanding his balance sheet hand over fist as much as he possibly can. investors with money are forced into the stock market in order to reach yield. there are not fundamentals behind it. exact what do you think? >> exactly. the fed is juicing up the economy. they're buying $85 billion a month in mortgage-backed securities and treasury...
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Jul 26, 2013
07/13
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caeful, and he man behind the anderson charges, all those years ago, which was unprecedented and has ben -- has not occurred sense, the justice department attacking the firm destroys that firm. >> that's right, ieu. lou: heavy handed, and were ever publicly honest about it, expresses deep regretin costing ,000 jobs. that's mad. >> it is rare for the government to do this, but they said, sentially, said time and again that they have possible proof of insider trading. a 2008 e-mail, for example, forwarded to cohen from a top official on sac says we have a solid read on dell's earns, before the announcement came out, and he sold his position in dell. a 20-minute phone call between cohen and another official about drug stocks in a development. lou: deserving great credit for having the guts t bring he case based on insider trading and in the case of steve cohen himsf appears the failure to supervise a copany that he owns, by the way, 1 # 00%. this is -- this is always a difficult charge to sub stanuate, one few prosecutors bring. what do you assess th odds are right now? >> you know, oughly
caeful, and he man behind the anderson charges, all those years ago, which was unprecedented and has ben -- has not occurred sense, the justice department attacking the firm destroys that firm. >> that's right, ieu. lou: heavy handed, and were ever publicly honest about it, expresses deep regretin costing ,000 jobs. that's mad. >> it is rare for the government to do this, but they said, sentially, said time and again that they have possible proof of insider trading. a 2008 e-mail,...
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Jul 25, 2013
07/13
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lou: right now fed chairman ben bernanke, a sigh of relief we hear all the way from the borders. if 3 percent growth we can attain everybody will sign up for that. >> or not there yet. you probably have a flat gdp for the second quarter. some of provisions of the growth rate, but i think we will be there as we move into 2014, 15, 16. lou: what do you take this sector, the industry -- >> one of the interesting things is the industry, our domestic industries. so housing is intrinsically a domestic industry. you don't import people across the ocean to do the carpentry work to build a new house. lou: put together some free flights for buyers. >> i understand. i was out in california. chinese buyers buying ten, $20 million homms potentially. the housing sector is going to be a little choppy for a few weeks and months because of the rise in mortgageerates. it's fundamentally an expansion. so is the auto sector, the average age is still old, and there is a pent-up demand for the next several years. these other two powerful domestic industries that are going to feed into this economic ex
lou: right now fed chairman ben bernanke, a sigh of relief we hear all the way from the borders. if 3 percent growth we can attain everybody will sign up for that. >> or not there yet. you probably have a flat gdp for the second quarter. some of provisions of the growth rate, but i think we will be there as we move into 2014, 15, 16. lou: what do you take this sector, the industry -- >> one of the interesting things is the industry, our domestic industries. so housing is...
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Jun 4, 2013
06/13
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like ben bernanke. we could hear about his muslim brotherhood ties any day now. what about zz top? we know they're rockers, but could they be radical muslims, too? how about santa claus? what's he hiding underneath that jolly beard? and don't forget about uncle sam. those stars and stripes aren't fooling anyone. the whole thing is a joke. did the far right think we didn't know how they're peddling this nonsense and trying to smear one of the world's greatest religions? nice try, but we got you. i want to make things more secure. [ whirring ] [ dog barks ] i want to treat more dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better. ♪ pull out the paper and what? another article that says investors could lose tens of thousands of dollars in hidden fees on their 401(k)s?! seriously? se
like ben bernanke. we could hear about his muslim brotherhood ties any day now. what about zz top? we know they're rockers, but could they be radical muslims, too? how about santa claus? what's he hiding underneath that jolly beard? and don't forget about uncle sam. those stars and stripes aren't fooling anyone. the whole thing is a joke. did the far right think we didn't know how they're peddling this nonsense and trying to smear one of the world's greatest religions? nice try, but we got you....
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Mar 21, 2013
03/13
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dan, weigh in on that. >> i know we're talking about your views of ben bernanke right now. jimmy p. deserves credit. he's been writing a lot on this longer than right-leaning economists have been saying. i am a nominal gdp targeter. the one major criticism of our viewpoint is it's nearly impossible to target nominal gdp. and that's where the nominal gdp futures market comes in. >> ever since the market went haywire, that's why i like to use a basket of currencies and commodities, including gold. >> we should come back and have a longer discussion. >> i am impressed with the following. this is the reason why i've rethought my position. i'm not totally convinced of market monitoring. but the inflation that many of worry about has not come about. that's point number one. point number two, gold stopped rising quite a while ago and has been very steady at around $1,600. i'm es preimpressed with that a impressed with the fact that the dollar, king dollar has stabilized. that's why i wrote my column. i'm thrilled an important web site like business insider picked it up. jimmy p., you've be
dan, weigh in on that. >> i know we're talking about your views of ben bernanke right now. jimmy p. deserves credit. he's been writing a lot on this longer than right-leaning economists have been saying. i am a nominal gdp targeter. the one major criticism of our viewpoint is it's nearly impossible to target nominal gdp. and that's where the nominal gdp futures market comes in. >> ever since the market went haywire, that's why i like to use a basket of currencies and commodities,...
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that's ben bernanke. stuart: go. >> we clearly get the jobs numbers tomorrow and nobody thinks they'll be great. they may be okay, but nobody thinks great. good news today unemployment claims down. stuart: down, look, the moving average is still very high. you can't say that the job picture is really positive. >> well, the real issue, we need people to hire. it's great if they're not laying people off, that's not enough. we need to hire workers, not fire them. stuart: and are they doing that? >> not in the numbers that we need. stuart: we're going to talk about ben bernanke shortly so ben castleman hang on there in a moment. and the markets open in 40 seconds and the pre-market indicators suggest that we're going to go up maybe 40 points when the dow starts to trade and perhaps just as interesting is the price of gold and looking at that, that's a current active market, up $20 an ounce, approaching $1500 an ounce and we'll see how at that goes. and facebook, we're watching that very, very carefully becaus
that's ben bernanke. stuart: go. >> we clearly get the jobs numbers tomorrow and nobody thinks they'll be great. they may be okay, but nobody thinks great. good news today unemployment claims down. stuart: down, look, the moving average is still very high. you can't say that the job picture is really positive. >> well, the real issue, we need people to hire. it's great if they're not laying people off, that's not enough. we need to hire workers, not fire them. stuart: and are they...
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Jul 26, 2013
07/13
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a battle royale brewing over who will replace ben bernanke. while mr. summers has made some enemies on capitol hill. steve : s ac capital pleading not guilty. is this indictment enough to put this firm out of business? honeywell now call-up in the latest problems for the dream liner. japan's ana airlines saying two of its streamliners have wiring problems around the locater beacon. and wolverine this weekend, the debut could turn the tide in a multimillion dollar flop for the box office, 20th-century fox is making on that dreamboat. those stories and so much more coming up this hour on markets now. ♪ co
a battle royale brewing over who will replace ben bernanke. while mr. summers has made some enemies on capitol hill. steve : s ac capital pleading not guilty. is this indictment enough to put this firm out of business? honeywell now call-up in the latest problems for the dream liner. japan's ana airlines saying two of its streamliners have wiring problems around the locater beacon. and wolverine this weekend, the debut could turn the tide in a multimillion dollar flop for the box office,...
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May 28, 2013
05/13
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how long before ben bernanke throws cold water on this party? president obama heads to the shore, the jersey shore. arriving in new jersey this hour to see how federal money helped repair the hurricane ravaged coastline. a commander in chief who clearly needs the glare of those dc scandals to dim. the cyber threat, chinese hackers said to gain access to the u.s. military's most critical weapons systems. digging into that story and many more coming up on "markets now." ♪ nice rally, we'll take it. back from the long weekend, stocks now and every 15 minutes, nicole at the new york stock exwhaing looking at what, nicole? >> well, i'm looking at a big rally here. up over 200 points, dagen
how long before ben bernanke throws cold water on this party? president obama heads to the shore, the jersey shore. arriving in new jersey this hour to see how federal money helped repair the hurricane ravaged coastline. a commander in chief who clearly needs the glare of those dc scandals to dim. the cyber threat, chinese hackers said to gain access to the u.s. military's most critical weapons systems. digging into that story and many more coming up on "markets now." ♪ nice rally,...
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Jan 11, 2013
01/13
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ben reiter, thank you very much. we appreciate it. >>> now, we took a deep inside look at the obama care law. this is weird. obama care law and guess what we found? there is a strong protection for existing gun laws. this is an obama care. and we know who to ask about this weird story. obama care expert betsy mccoy will put her gun cap on and explain how this happened. and, folks, please don't forget free market capitalism is always the best path to prosperity. i'm still hoping that hour treasury man jack lew will some way discover that. i'm kudlow. we'll be right back. ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-y
ben reiter, thank you very much. we appreciate it. >>> now, we took a deep inside look at the obama care law. this is weird. obama care law and guess what we found? there is a strong protection for existing gun laws. this is an obama care. and we know who to ask about this weird story. obama care expert betsy mccoy will put her gun cap on and explain how this happened. and, folks, please don't forget free market capitalism is always the best path to prosperity. i'm still hoping that...
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stuart: i should be cheering on ben bernanke, print more money. i should be cheering on president obama. go spend some more. don't worry about the deficit because that way the market goes up. >> but if we look long-term, and that's what i look. i don't look in the election cycles or the next week or days investment. long-term is better for this country, 20, 30 years from now. if we don't fix things out, turn the state of ship around, our economy will live on a bubble, dot-com, housing, student loans, you name it, the bubbles are there. that's not good for our children and our future. >> david webb, thank you for another voice of sanity. seriously good stuff. david, we appreciate it. time is money and we say it every day. in 30 seconds here else is what is making news, longshoreman's union cutting ties with afl-cio over obama care. 40,000 members and the president's signature health law. and he's itching to weigh innen 0 syria. can the president still attack even though congress tells them no? of course he can. what's the judge going to say with yo
stuart: i should be cheering on ben bernanke, print more money. i should be cheering on president obama. go spend some more. don't worry about the deficit because that way the market goes up. >> but if we look long-term, and that's what i look. i don't look in the election cycles or the next week or days investment. long-term is better for this country, 20, 30 years from now. if we don't fix things out, turn the state of ship around, our economy will live on a bubble, dot-com, housing,...
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Jan 1, 2013
01/13
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the real-life drama is the subject of the ben affleck movie "argo." >> who will be the rising stars of the coming political yore? a look when we come back. you're watching "early start" on cnn. [ female announcer ] born from the sweet monk fruit, something this delicious could only come from nature. new nectresse. the 100% natural no-calorie sweetener made from the goodness of fruit. new nectresse. sweetness naturally. because for every 2 pounds you lose through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ >>> 2012 election is over, but never ftoo early to look forwar to 2016. hillary clinton looks to be above all political comers who are the rising stars? we have the political editor of buzz speed with a list. he joins us to reveal who they are. welcome to the program. >> thank you for having me on. >> a couple of stars in florida top your list. tell me about it. >> yeah, senator marco rubbio ad jeb bush, former governor of florida. both of them have been long-time allies and also are seen as leaders on immigrat
the real-life drama is the subject of the ben affleck movie "argo." >> who will be the rising stars of the coming political yore? a look when we come back. you're watching "early start" on cnn. [ female announcer ] born from the sweet monk fruit, something this delicious could only come from nature. new nectresse. the 100% natural no-calorie sweetener made from the goodness of fruit. new nectresse. sweetness naturally. because for every 2 pounds you lose through diet...
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Jul 23, 2013
07/13
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larry somers appears to be the front-runner to replace ben bernanke as fed chairman. ezra klein is reporting this this evening of "the washington post." our own john harwood is reporting by phone. hello, john. what can you tell us? >> larry, over the last 48 hours or so, there has ban riding speculation about larry summers previously. people have been assuming that the front-runner is janet ye yellin. i have started picking up the idea, as ezra has, that larry is gaining in this process. i have could caution, nobody knows outside of a very small circle of people. if you don't hear it from obama directly, nobody can say for sure. >> john, if there were one thing that puts summers into the front-runnership, what might that one thing be in your opinion? >> well, it might be two things. one is, larry, is somebody who is by all accounts a brilliant economist. he's somebody who served president obama and president obama appreciated his service. but he's also somebody who has got the respect having been treasury secretary in the clinton administration of financial markets an
larry somers appears to be the front-runner to replace ben bernanke as fed chairman. ezra klein is reporting this this evening of "the washington post." our own john harwood is reporting by phone. hello, john. what can you tell us? >> larry, over the last 48 hours or so, there has ban riding speculation about larry summers previously. people have been assuming that the front-runner is janet ye yellin. i have started picking up the idea, as ezra has, that larry is gaining in this...
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Aug 23, 2013
08/13
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if you sleep ben affleck, do you see batman? he is taking on the role. we have some time to adjust to this. the first time batman and superman will share the screen. we all remember his role in daredevil. bernanke turning down the role and also decided to skip the jackson hole summit this summer. there are many speculating when he will start tapering. peter barnes has a very special guest. the president's health care law could cost you more in taxes. grover norquist is coming up. keep it here on markets now as we look at the winners on the s&p 500. ♪ you know throughout history, folks have suffered from frequent heartburn. but getting heartburn and then treating day after day is a thing of the past. block the acid with prilosec otc, and don't get heartburn in the first place. [ male announcer ] one pill each morning. 24 hours. zero heartburn. >> still to come tipper in by september. it is possible if you listen to the people inside the fed, peter barnes has been talking to, he will talk to was in a moment. the hit on housing, latest numbers are scaring
if you sleep ben affleck, do you see batman? he is taking on the role. we have some time to adjust to this. the first time batman and superman will share the screen. we all remember his role in daredevil. bernanke turning down the role and also decided to skip the jackson hole summit this summer. there are many speculating when he will start tapering. peter barnes has a very special guest. the president's health care law could cost you more in taxes. grover norquist is coming up. keep it here...
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Jan 12, 2013
01/13
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and an all-expense-paid trip to hawaii for ben. ben is the identity thief who used a device called a skimmer to steal her information from her card to open a fraudulent account. every year millions of americans just like you learn that a little personal information in the wrong hands could wreak havoc on your life. this is identity theft, and no one helps stop it better than lifelock. lifelock offers the most comprehensive identity theft protection available. ordinary credit monitoring services tell you after your identity has been stolen; they may take 30 days to alert you! too late for amanda. with lifelock's 24/7 proactive protection, jill would have been alerted as soon as they noticed an attack in their network, before it was too late. and lifelock's bank account takeover alerts would have notified amanda in time to help protect her money. lifelock guards your social security number, your money, your credit, even the equity in your home. while identity theft can't be completely stopped, no one protects you better than lifelock
and an all-expense-paid trip to hawaii for ben. ben is the identity thief who used a device called a skimmer to steal her information from her card to open a fraudulent account. every year millions of americans just like you learn that a little personal information in the wrong hands could wreak havoc on your life. this is identity theft, and no one helps stop it better than lifelock. lifelock offers the most comprehensive identity theft protection available. ordinary credit monitoring services...
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Apr 25, 2013
04/13
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FBC
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stuart: and if one fed person, old ben, wait a minute, i might put the brakes on, it's over. >> i think it's over temporarily. we had a little fed talk like that a few weeks ago and dropped the market, but didn't last because they're not doing anything, they're talking about doing things and it's not enough. stuart: and there is the roar in the background and they're off. hear that, a big roar indeed and let's see where we open. on the upside. the opening trend is higher, 14680. closing in again on 14-7. we're up first thing this morning. nicole, now, you've got what we might call the stock of the day. zynga. it's not a big stock, but it's down big time, i take it. nicole: that's right, watch zynga, down almost 10% this morning, and this is because they talk about a weak outlook, a couple of things to note and of course, you talk about farmville, words with friends and those are some of the games and they're pleading for more time for the turn around effort. and a slide for the number of people playing the game and that's not good. 13% fewer people playing the game. stuart: i'm going to
stuart: and if one fed person, old ben, wait a minute, i might put the brakes on, it's over. >> i think it's over temporarily. we had a little fed talk like that a few weeks ago and dropped the market, but didn't last because they're not doing anything, they're talking about doing things and it's not enough. stuart: and there is the roar in the background and they're off. hear that, a big roar indeed and let's see where we open. on the upside. the opening trend is higher, 14680. closing...
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Apr 12, 2013
04/13
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represent ben's life. and that's why i'm here. >> reporter: as they sat in the senate gallery today, ben's ashes hung in a silver necklace around his mother's neck. when we caught up with the wheelers when they started their lobbying trip earlier this week, they said they knew the road would be long. >> i'm by no means an expert on the machinations of the senate. it's a byzantine process. >> reporter: after the vote, president obama called to congratulate the families. the senate will now debate a bill next week that would expand background checks for purchases at gun shows and online sales. but that's far less than the president wanted. a measure to ban assault weapons and to limit high-capacity magazines has nearly fallen from the conversation. jillian soto, whose sister was one of the teachers killed in newtown, is not done fighting. she plans to be back on capitol hill next week. >> there's some stuff i wish we had stronger, but i am happy that we are getting somewhere with it. jeff zeleny, abc news, c
represent ben's life. and that's why i'm here. >> reporter: as they sat in the senate gallery today, ben's ashes hung in a silver necklace around his mother's neck. when we caught up with the wheelers when they started their lobbying trip earlier this week, they said they knew the road would be long. >> i'm by no means an expert on the machinations of the senate. it's a byzantine process. >> reporter: after the vote, president obama called to congratulate the families. the...
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and larry, we've got a big name, flatrock, that's now urging ben to stop printing money. let me ask you this, supposing he did hint that he's going to stop printing money. how far down would this market go? >> i think it would go down quite a bit. might see a correction between 5 and 10% because that's what's holding this market up. >> you don't think he's going to listen even to black rock. he's the not going to quit printing. >> black rock is not the first or last and he's not going to stop. i said before it's my opinion the government is waiting for some bubble to take the market up. they're not going to stop. stuart: that's interesting, you create a bubble and pop it when you've established the bubble, good planning. i'm afraid we're out of time. thank you very much. our government, right? and thank you for joining us larry levin. the dow opens in literally seconds. and we are an expecting a flat market. oil, gold and stocks pretty flat and might see a teenie tiny upside bias when the market gets going, but i think it looks dead flat. please remember, we're opening up
and larry, we've got a big name, flatrock, that's now urging ben to stop printing money. let me ask you this, supposing he did hint that he's going to stop printing money. how far down would this market go? >> i think it would go down quite a bit. might see a correction between 5 and 10% because that's what's holding this market up. >> you don't think he's going to listen even to black rock. he's the not going to quit printing. >> black rock is not the first or last and he's...
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ben. >> ben and gerri. tracy: that was good! three key signs that risks are fading and why it's a big concern for job growth in the country. ashley: yum. as we head to the break, look at today's winners and losers op the nasdaq including monster beverage. up 9%, seagate moving higherment we'll be right back. ♪ >> americans pride themselves on willingness to take risks bel it's a business or changing jobs, but the next guest delves into the appetite for risk, and these days, we play it safe. joining us, "wall street "wall t journal" economic's reporter ben cassleman. this bothers me. back in the clop yal time -- clean yal times k found gold. what happened? >> it should worry you. it's a concern. there's a decline in risk taking by different measures. people are changing jobs less frequently. people are starting businesses less frequently. investors put less money towards new venn tour -- ventures. tracy: changing housing has to do with housing. >> it does, but these are trends going back multiple decades, not something that hap
ben. >> ben and gerri. tracy: that was good! three key signs that risks are fading and why it's a big concern for job growth in the country. ashley: yum. as we head to the break, look at today's winners and losers op the nasdaq including monster beverage. up 9%, seagate moving higherment we'll be right back. ♪ >> americans pride themselves on willingness to take risks bel it's a business or changing jobs, but the next guest delves into the appetite for risk, and these days, we...
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Apr 30, 2013
04/13
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. >>> ben franklin said there is nothing certain but death and taxes. we are doing a deep dive into the efforts to knock taxes off the list. they installed several governors and trying to do it themselves. pushing plans to eliminate taxes all together. the louisiana governor introduced a plan to end corporate and personal income taxes while standing and raising the sales tax to make up the difference. after talking to louisiana, residents he decided to scrap it. >> they say governor, we want to get rid of the income taxes and you are worried you are moving too quickly. you are not sure your plan is the best way to do it. we heard the comments and i adjust the course. we will part our tax plan. >> nebraska's republican gun owner tried something similar in his state earlier this year, seeking to raise the money by ending billions of dollars worth of sales tax exemptions. they helped kill that plan. ohio's governor's plan to cut personal income taxes by 20% and small business taxes by 50% was scrapped by his fellow republicans in the house because of conce
. >>> ben franklin said there is nothing certain but death and taxes. we are doing a deep dive into the efforts to knock taxes off the list. they installed several governors and trying to do it themselves. pushing plans to eliminate taxes all together. the louisiana governor introduced a plan to end corporate and personal income taxes while standing and raising the sales tax to make up the difference. after talking to louisiana, residents he decided to scrap it. >> they say...
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Mar 2, 2013
03/13
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they like even better what ben bernanke said this week. they responded more to that. >> that may be as i try to persuade our other panelist the fed will pump $85 billion a month into the economy probably as long as i'm around on this planet that's for sure and they will take their sweet time taking the money out. the combination, you make a good point. the combination of ever so little spending restraint and i mean that, $44 billion and a whole lot of stimulus how does that stack up to the stock market outlook? >> it looks really good. if you look at the economic data we've been receiving it's okay, a little bit better. not so much that the fed is forced to take the gas off. investors see this. every day i talk to business people that are putting money network because they are sick and tired of 0% interest rates and sick and tired of sitting on the sidelines. as long as we have that environment we'll see more and more risk taking. yes. will this come to a bad end? i think will. grinning your way to prosperity is not a pro growth policy. bu
they like even better what ben bernanke said this week. they responded more to that. >> that may be as i try to persuade our other panelist the fed will pump $85 billion a month into the economy probably as long as i'm around on this planet that's for sure and they will take their sweet time taking the money out. the combination, you make a good point. the combination of ever so little spending restraint and i mean that, $44 billion and a whole lot of stimulus how does that stack up to...
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Dec 16, 2013
12/13
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could it be that stocks go up even if ben and janet print less money? [ male announcer ] once, tre was a man who found a magic seashell. it told him what was happening on the tradg floor in real time. ♪ the shell brought him great fame. ♪ but then, one day, he noticed that everybody could have a magic seashell. [ indistinct talking ] [ male announcer ] right there in their trading platform. ♪ [ indistinct talking continues ] [ male announcer ] so the magic shell went back to being a...shell. get live squawks right in your trading platform with think or swim from td ameritrade. get live squawks right in your trading platform but with less energy, moodiness, and a low sex drive,y first. i saw my doctor. a blood test showed it was low testosterone, not age. we talked about axiron. the only underarm low t treatment that can restore t levels to rmal in about 2 weeks in most men. axiron is not for use in women or anyone younger than8 or men with prostate or breast caer. and children should avoidare contact ere axiron is applied as unexpected signs of pu
could it be that stocks go up even if ben and janet print less money? [ male announcer ] once, tre was a man who found a magic seashell. it told him what was happening on the tradg floor in real time. ♪ the shell brought him great fame. ♪ but then, one day, he noticed that everybody could have a magic seashell. [ indistinct talking ] [ male announcer ] right there in their trading platform. ♪ [ indistinct talking continues ] [ male announcer ] so the magic shell went back to being...
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Apr 30, 2013
04/13
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CSPAN2
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of his great objectives was to depersonalize the fed did the last thing he wants this to be is about ben bernanke, congratulating him. this meeting is about papers, networking, hiking as it always should be. and second, this is another good time for chairman to come and do any future action. because much of that future action will be done by the next chairman. this is not a good time to change the ball in any fundamental way. so if i had to guess, those are the reasons for the scheduling conflicts. >> at them, itching to jump in i will ask you one question that falls that before we turn to adam. if not chairman bernanke, who sits in the office a year from now? >> well, i would say that janet has the right of first refusal. she has extraordinary experien experience, obviously being on the board, then being vice chair, being president of san francisco but competing president, being there at a time of great stress talking a lot about exit. the event of bringing in, transition to someone who has that kind of experience because what will go through during the next chairman tenure is an unwind
of his great objectives was to depersonalize the fed did the last thing he wants this to be is about ben bernanke, congratulating him. this meeting is about papers, networking, hiking as it always should be. and second, this is another good time for chairman to come and do any future action. because much of that future action will be done by the next chairman. this is not a good time to change the ball in any fundamental way. so if i had to guess, those are the reasons for the scheduling...
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Apr 12, 2013
04/13
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in some sense, i'm going to go to ben bernanke. i don't know about the obama -- you want to argue obama, go ahead, but to some extent the drop in gold justifies bernanke's policies at the fed. >> i think so. i think the reasons you and others ticked off are the reasons we saw this drop off today. i'm a little surprised hearing them from you because i thought you were more of a gold bugger. >> i'm a gold-backed dollar, but i hated it when gold shot up to nearly 2,000. i hated that. >> in your list of reasons, three impressed me the most. the world is not coming to an edge, so the hedge is not as important. but the inflation situation is what it is and doesn't see much pressure there. then equities. you know, if you're in gold as opposed to equities, you're getting slammed. >> i want to go back to the other argument given to me today by my pal david goldman. i want to give him the argument. we are going to become energy independent in the next ten years from saudi arabia and all the rest. that means a bunch of things, okay? it means
in some sense, i'm going to go to ben bernanke. i don't know about the obama -- you want to argue obama, go ahead, but to some extent the drop in gold justifies bernanke's policies at the fed. >> i think so. i think the reasons you and others ticked off are the reasons we saw this drop off today. i'm a little surprised hearing them from you because i thought you were more of a gold bugger. >> i'm a gold-backed dollar, but i hated it when gold shot up to nearly 2,000. i hated that....
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Jul 21, 2013
07/13
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give a view on whether ben bernanke should have another term. >> that is up to ben bernanke. i think he has an a good job. i think quantitative easing has been helpful.it has been helpfu. and european banks. we are concerned that potential long-term inflation, but i think he is on a super job. my understanding he is he would rather not have another term. the president asked him, he might have another term. i think he is in a good job. he makes the point that is valid, he is doing the best he can with monetary policy. >> what is your view of ben bernanke? >> i think a little differently. i think the concern about inflation and the printing of money is a fairly significant one. again, it is not a total picture. we have a lot of work to do in the house in terms of the budget and the deficits, trying to get programs. as you look at that, tax reform is so important. if we get economic growth, we get jobs that will need more revenue. having gpd lesson two percent is -- having gdp less than 2% is completely unacceptable. we have a lot of quantitative easing. some was necessary. we'r
give a view on whether ben bernanke should have another term. >> that is up to ben bernanke. i think he has an a good job. i think quantitative easing has been helpful.it has been helpfu. and european banks. we are concerned that potential long-term inflation, but i think he is on a super job. my understanding he is he would rather not have another term. the president asked him, he might have another term. i think he is in a good job. he makes the point that is valid, he is doing the best...
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Oct 10, 2013
10/13
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ben bernanke market, whenever they talk about tinkering, raising interest rates, the market has gone down. janet yellen will not raise interest rates anytime soon because she believes money is used to create employment and stimulate the economy. dagen: that is what gives lawmakers, democrats in washington a free pass. iffthe fed stands ready to keep buying the debt and monetizing the debt then they don't have to act assuming the market won't go against the federal reserve and keep long-term interest rates. >> that bails out washington. dagen: janet yao ming get in the driver's seat. connell: interesting perspective. no matter what the cause, dan henninger, back to rich edson him a moment. we will squeeze in a quick break to get to john boehner on time when he comes out. we will have it live on fox business. we will be right back. [ male announcer ] need help keeping your digestive balance in sync? try align. it's the number one ge recommended probiotic that helps maintain digestive balance. ♪ stay in the groove with align. ♪ sometimes they just drop in. always obvious. cme group
ben bernanke market, whenever they talk about tinkering, raising interest rates, the market has gone down. janet yellen will not raise interest rates anytime soon because she believes money is used to create employment and stimulate the economy. dagen: that is what gives lawmakers, democrats in washington a free pass. iffthe fed stands ready to keep buying the debt and monetizing the debt then they don't have to act assuming the market won't go against the federal reserve and keep long-term...
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Jan 1, 2013
01/13
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. >> tag, josh, ben, matt. >> yes. >> craig? >> yes. >> oh! >> you did it. >> do we have the election night photo? >> there's a photo that kathy sent me on election night and told me to show id to david gergen in the midst of our election coverage. >> i love gary tuchman. obviously you are angry with him. to send him, some sort of town in maine where he drops a minnow in a bucket. ry ryan, screw you! we do better broadcasting. >> i was once doing a live shot with paula zahn and i was in sri lanka and a dog humped my leg. i started giggling. finally i was like, paula, i've just got to tell you, there's a dog humping my leg. >> how's it going, nice to see you? >> i almost wore this. i was this close to wearing that. >> what was that? >> that was -- >> really? >> yes. ♪ i got you babe i got you babe ♪ >> i starting sexting george stephanopoulos. >> really? >> no. >> marissa says for a new year's present can anderson get a word in edgewise every once in awhile. >> you're like ike turner. it was so fantastic, she had on the joan collins wig. oh
. >> tag, josh, ben, matt. >> yes. >> craig? >> yes. >> oh! >> you did it. >> do we have the election night photo? >> there's a photo that kathy sent me on election night and told me to show id to david gergen in the midst of our election coverage. >> i love gary tuchman. obviously you are angry with him. to send him, some sort of town in maine where he drops a minnow in a bucket. ry ryan, screw you! we do better broadcasting. >> i was...
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Jan 30, 2013
01/13
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and an all-expense-paid trip to hawaii for ben. ben is the identity thief who used a device called a skimmer to steal her information from her card to open a fraudulent account. every year millions of americans just like you learn that a little personal information in the wrong hands could wreak havoc on your life. this is identity theft, and no one helps stop it better than lifelock. lifelock offers the most comprehensive identity theft protection available. ordinary credit monitoring services tell you after your identity has been stolen; they may take 30 days to alert you! too late for amanda. with lifelock's 24/7 proactive protection, jill would have been alerted as soon as they noticed an attack in their network, before it was too late. and lifelock's bank account takeover alerts would have notified amanda in time to help protect her money. lifelock guards your social security number, your money, your credit, even the equity in your home. while identity theft can't be completely stopped, no one protects you better than lifelock
and an all-expense-paid trip to hawaii for ben. ben is the identity thief who used a device called a skimmer to steal her information from her card to open a fraudulent account. every year millions of americans just like you learn that a little personal information in the wrong hands could wreak havoc on your life. this is identity theft, and no one helps stop it better than lifelock. lifelock offers the most comprehensive identity theft protection available. ordinary credit monitoring services...
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May 13, 2013
05/13
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the wall street journal saturday, quote, fed mass exit, so, maybe ben's speech wasn't the dove that i called it last week. the journal thinks he revealed his money printing plan. is that why stocks will open lower today? we will bring you the open. it's live and it's next. what is it that makes a husqvarna? it's not all the brilliant engineering, no. it's this that makes a husqvarna! how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're livingonger, one thing that hasn't changed much is the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ >> all right. two minutes to the opening bell. we expect a drop of maybe 20 points for the dow industrials when we get going and that will keep the dow probably anded 15,100. one news item that may affect trading today. retail sales for the month of april up. 0.1%. hardly budging, in fact, this reflects a higher taxat
the wall street journal saturday, quote, fed mass exit, so, maybe ben's speech wasn't the dove that i called it last week. the journal thinks he revealed his money printing plan. is that why stocks will open lower today? we will bring you the open. it's live and it's next. what is it that makes a husqvarna? it's not all the brilliant engineering, no. it's this that makes a husqvarna! how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us...
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Jul 18, 2013
07/13
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[inaudible conversations] >> federal reserve chair ben bernanke will continue his testimony on capitol hill today before the senate banking committee. watch live coverage at 10:30 a.m. eastern on c-span3. >>> president obama will speak today about the health care law at the white house. he's expected to talk about the estimated $500 million in insurance rebates that are expected to go out to individuals late this summer among other topics. watch president obama live at 11:25 a.m. eastern on c-span. >>> attorney general eric holder spoke tuesday at the 104th annual naacp convention. he addressed voting rights, florida's stand your ground law and the acquittal of george zimmerman. the attorney general also reflected on his own experience with racial profiling. this is about 25 minutes. there are -- ♪ ♪ >> thank you. thank you. thank you. i know you do. well, thank you all for such a warm introduction, and thank you for those kind words. it is a pleasure for me to be here in orlando today, and it's a privilege to join president jealous, chairman brock, your national board of directors
[inaudible conversations] >> federal reserve chair ben bernanke will continue his testimony on capitol hill today before the senate banking committee. watch live coverage at 10:30 a.m. eastern on c-span3. >>> president obama will speak today about the health care law at the white house. he's expected to talk about the estimated $500 million in insurance rebates that are expected to go out to individuals late this summer among other topics. watch president obama live at 11:25 a.m....
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Jul 10, 2013
07/13
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now, we are going to be hearing from federal reserve chairman ben bernanke here in the 4:00 hour. he has a speech on the history of the fed. there will be 30 minutes of qa and between economists here. we hope one of them will ask him if the current pace of the ongoing increases in payrolls, the 200,000 a month we've been get something enough to, to start tapering later this year. ashley and tracy. tracy: peter barnes. ashley: thank you, peter. tracy: in cambridge, massachusetts. thank you very much, peter. the big point i guess was it will soon be warranted. that's the big change in language. ashley: we had nearly 200,000 job growth for three months in a row. peter is pointing out, essentially half of the fed saying that maybe this year would be appropriate to start easing back or pulling back on those bond purchases. >> that's something we've been hearing, right? either by september or december they will make some sort of announcement that it's coming. ashley: the dow is up 12. shooting around. up nine. it is kind of just floundering for now obviously as everyone digests exactly
now, we are going to be hearing from federal reserve chairman ben bernanke here in the 4:00 hour. he has a speech on the history of the fed. there will be 30 minutes of qa and between economists here. we hope one of them will ask him if the current pace of the ongoing increases in payrolls, the 200,000 a month we've been get something enough to, to start tapering later this year. ashley and tracy. tracy: peter barnes. ashley: thank you, peter. tracy: in cambridge, massachusetts. thank you very...
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Aug 15, 2013
08/13
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. >> ben cardin's town hall from this week and more on the way here on c-span. a couple of tweets from members about meetings back in the district. here is the key heart, representative from missouri -- here is vicky hartzler. mark kirk, the republican senator of illinois said -- and a picture from that meeting. let's get back to calls on the issue of the implementation of the 2010 healthcare law. carol from georgia is up next. then beverly. hello. go ahead. >> yes, hello. i'm a retired teacher, and i us. insurance available to there's a lot of confusion, a lack of information about the affordable health care plan. i would like to thank the woman from pfizer who answered many of our questions. she also has a site we can visit to get more information, but we are concerned about what will happen to our insurance as retired teachers. we have insurance until we are eligible for medicare, and under obama's plan, will be premiums go up? how much? where can we get this kind of information? even our state department does not know that information yet. will we receive th
. >> ben cardin's town hall from this week and more on the way here on c-span. a couple of tweets from members about meetings back in the district. here is the key heart, representative from missouri -- here is vicky hartzler. mark kirk, the republican senator of illinois said -- and a picture from that meeting. let's get back to calls on the issue of the implementation of the 2010 healthcare law. carol from georgia is up next. then beverly. hello. go ahead. >> yes, hello. i'm a...
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Jun 2, 2013
06/13
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vietnam in 1972. [ all ] fort benning, georgia in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection and because usaa's commitment to serve military members, veterans, and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. it's not a candy bar. 130 calories 7 grams of protein the new fiber one caramel nut protein bar. but for all these symptoms, you also take kaopectate. new kaopectate caplets -- soothing relief for all those symptoms. kaopectate. one and done. >>> for the first time we're getting a look inside the underground bunker in alabama where a man took a little boy hostage for almost a week. cnn alina has more. >> reporter: this is an inside look at the underground bunker where jimmy lee dykes held a 5-year-old boy hostage for six days. just released photos show alabama and federal investigators processing the scene. here is a picture showing one of two beds. small flashlights hang on the wall, water bottles are withi
vietnam in 1972. [ all ] fort benning, georgia in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection and because usaa's commitment to serve military members, veterans, and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. it's not a candy bar. 130 calories 7 grams of protein the new fiber one caramel nut protein bar. but for all...
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Aug 23, 2013
08/13
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CNBC
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ben bernanke started talking about tapering on may 22nd. the stocks had a 5% or 6% correction. now they've had a 3% or 4% correction. oh, come on. >> this taper thing doesn't matter. >> the tapering thing does matter. if you were pulling the levers are you saying that they should move back quickly from stimulus and you wouldn't think that would cause some sort of panic? >> they've been talking about tapering since may 22nd. >> there's no evidence that it makes any difference. >> i agree. that's just the thing we talking heads can say and there's no evidence and any of the stuff they've done. so did it bigger or do it smaller, who cares? >> you don't know the counter factual and what would have happened if they didn't do it. dominic, i'll just say this. i don't think the federal reserve affects unemployment and real gdp and those kinds of variables. i don't think that's what they do and those are tax and regulatory and fiscal issues, but here's what bernanke did. i think he poured in a lot of cash and i may not like the way he structured the portfolio, but whatever. the demand f
ben bernanke started talking about tapering on may 22nd. the stocks had a 5% or 6% correction. now they've had a 3% or 4% correction. oh, come on. >> this taper thing doesn't matter. >> the tapering thing does matter. if you were pulling the levers are you saying that they should move back quickly from stimulus and you wouldn't think that would cause some sort of panic? >> they've been talking about tapering since may 22nd. >> there's no evidence that it makes any...
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Feb 12, 2013
02/13
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. >> ben wouldn't you say the act requires 60 days and some cases 90 days. i think if we placed the federal government in a state of very significant possibility of going a lot of money to a lot of the military. i don't expect you to respond to this that is the lead. but it seems to me that now times to call the leaders of the united states to the white house and say if you accepted the word of every one of our military leaders as the effect of sequestration if you accept the fact that the world is becoming more and more dangerous, that this is the worst time and we should sit down and come to an agreement to beef. for the benefit of the men and women who are serving this nation and i would be glad to hear any response you might have and i know it might be difficult for you to respond to one of my assertions. >> first of all, thank you you and senator gramm and i remember when you took that trip and i was very grateful to you because i felt like we have been voices crying in the wilderness for 16 months. as i said, this committee is an exception because each
. >> ben wouldn't you say the act requires 60 days and some cases 90 days. i think if we placed the federal government in a state of very significant possibility of going a lot of money to a lot of the military. i don't expect you to respond to this that is the lead. but it seems to me that now times to call the leaders of the united states to the white house and say if you accepted the word of every one of our military leaders as the effect of sequestration if you accept the fact that...
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Feb 21, 2013
02/13
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FBC
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cheryl: my faith in ben bernanke, maybe i'm backing off of that, but having faith maybe all of the panic is out of the market in europe or this country, that is why you are seeing what you are. >> absolutely. creating more money printing, ultimately inflation, buying gold at a very low price right now relatively eas to where we e gold going. cheryl: we kind of needed right now. great to see you, as always. great, david. dennis: and yet another dire holding on sequester. warning of possible layoffs of meat inspectors. the clock ticking down. cheryl: we have rich edson joining us from inside the beltway. why is it the obama administration is focusing on this one aspect of sequester, which is such a massive undertaking, why are they honing down this particular point? rich: agreeing to cut deductions and wealthier taxpayers to avoid these across-the-board spending cuts. their warning of cuts in health care education, research and food safety inspections. some in the food industry say agriculture secretary chose to cut inspectors to make a political point. in his statement, secretary ville si
cheryl: my faith in ben bernanke, maybe i'm backing off of that, but having faith maybe all of the panic is out of the market in europe or this country, that is why you are seeing what you are. >> absolutely. creating more money printing, ultimately inflation, buying gold at a very low price right now relatively eas to where we e gold going. cheryl: we kind of needed right now. great to see you, as always. great, david. dennis: and yet another dire holding on sequester. warning of...
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Aug 13, 2013
08/13
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his heart is in the right place .ere a fight with pick a ben bernanke. he was deflating american dollars. i have one more question. it was early before they could get this covered. and to the question for me please. because of the law obama care has taxes and regulations on certain sized companies and people that work a certain number of hours. companies have been hiring fewer people. when he asked them why they are hiring and why you are not, the cost of obama care is one reason why unemployment is as high as it is. then there are also hiring people part-time. the number of part-time hires versus full-time is unusual and appears to be german by the mistakes in the obamacare law -- it appears to be given by the mistakes in the obamacare law. .hat does affect employment as to the money supply, we ought to have the dollar. the government ought to keep it the same and stop monkeying with printing large amounts of it. host: max baucus, the chairman of the finance committee in the , dave camp are traveling around the country trying to bring to the forefront t
his heart is in the right place .ere a fight with pick a ben bernanke. he was deflating american dollars. i have one more question. it was early before they could get this covered. and to the question for me please. because of the law obama care has taxes and regulations on certain sized companies and people that work a certain number of hours. companies have been hiring fewer people. when he asked them why they are hiring and why you are not, the cost of obama care is one reason why...
165
165
Sep 16, 2013
09/13
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CNBC
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i'm becky quick and ben kernen and ross sorkin. the so-called hawk larry summers bowing out of the race for the new fed chief position. the former clinton treasury secretary called president obama yesterday to notify him. in a letter to the president falling the call he said he have reluctantly concluded that any possible confirmation process for me would be acrimonious and would not serve the interest of the federal reserve, the administration or ultimately the market recovery. for anyone who thought yellen and summers were the same, the market doesn't think so. europe is following suit. if you take a look at what's been happening there, you'll see right now markets at least in germany up better than 1.1%. in asia overnight, equities markets were a little bit mixed. the hang seng was up by 1.5%. oil prices are down another 1.34. that's probably because of what you're seeing happening in the dollar. look at the ten year note before we get to the dollar. the ten year note is yielding 2 point poip 482%. the yield getting pressed down
i'm becky quick and ben kernen and ross sorkin. the so-called hawk larry summers bowing out of the race for the new fed chief position. the former clinton treasury secretary called president obama yesterday to notify him. in a letter to the president falling the call he said he have reluctantly concluded that any possible confirmation process for me would be acrimonious and would not serve the interest of the federal reserve, the administration or ultimately the market recovery. for anyone who...
145
145
Aug 7, 2013
08/13
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WMAR
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. >>> you know, meek, staying on that science weather theme, senator ben cardin is backing a list of 20 things government can do to fight climate change. this comes from a list of 200 companies studying changes. cardin said climate change is an you were jept problem. he believes these steps will move the u.s. away from fossil fuels. the recommendations include things like strengthening energy efficiency standards, pushing for new low carbon technology and encouraging government buildings to install energy saving equipment. >>> the radar has been relatively quiet even though we had the clouds and socked in with humidity f your plans will take you west, you'll head out to the 68 split. going toward cumberland and you will see activity, toward hazen, small town in western maryland. future radar into the delay tomorrow, not a lot of new activity, it would appear. the chance for a passing shower but it looks less ominous than it did 24 hours ago. this front is move sog slowly that we don't think this will generate rain until friday, friday evening but the chance for a few showers on your
. >>> you know, meek, staying on that science weather theme, senator ben cardin is backing a list of 20 things government can do to fight climate change. this comes from a list of 200 companies studying changes. cardin said climate change is an you were jept problem. he believes these steps will move the u.s. away from fossil fuels. the recommendations include things like strengthening energy efficiency standards, pushing for new low carbon technology and encouraging government...